4140 Normal Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
4140 Normal Avenue,Los Angeles, CA 90029
$3,000,000
  • 12 Beds
  • 12 Baths
  • 7,148 sq. ft.
  • Multi-family
  • Active
Listed by: neema ahadian
Office: marcus & millichap
MLS#:26670223
Source:CRMLS

Price summary

  • Price:$3,000,000
  • Price per sq. ft.:$419.7

About this home

We are pleased to present4140 Normal Avenue, a rare 12-unit bungalow-style investment opportunity showcasing classic 1920s Hollywood charm located between Virgil Ave and N Hoover St. The property sits on an expansive 15,501-square-foot lot and features eight spacious one-bedroom bungalow units along with a two-story structure containing four additional one-bedroom units. The gated entry and garden-style courtyard layout enhance tenant appeal and create a private, community-oriented living environment. The majority of the units have been extensively renovated with stainless steel appliances, kitchen cabinetry, lighting fixtures, designer tile finishes, restored original hardwood flooring, in-unit washer/dryers, and ductless HVAC systems. With effective renovations and proven rents, the property provides strong existing cash flow at a 5.65% CAP rate and11.09 GRM on current income with an additional 28% rental upside as units turn. Ownership has also completed recent cap ex upgrades to...

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Home facts

  • Year built:1923
  • Listing ID #:26670223
  • Added:1 day(s) ago
  • Updated:March 28, 2026 at 01:23 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Living area:7,148 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:7,148 sq. ft.
  • Lot area:0.36 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$3,000,000
  • Price per sq. ft.:$419.7

Parking

  • Total parking spaces:6
  • Parking description:Detached Carport
Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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